Kola Subair
Lagos State University





Kolawole Subair, Ph. D. in Economics, is a Senior Lecturer with specializations in Public Finance and Environmental Economics at Lagos State University, Nigeria. He teaches macroeconomics, public finance, environmental and development economics. He has been published in several local and international journals while also currently working on his book projects titled: "Integrated Environmental Economics" and "Structural Analyses of the Nigerian Economy".


Kola Subair Ph. D
Department of Economics
Lagos State University
P.M.B 1087, Apapa
Lagos, Nigeria
Tel:(718)453-5871;
(234)802-234-1469
E-mail: kolasubair@hotmail.com
OR
518 Kosciusko Street, #3L
Brooklyn, NY 11221



Trading and Economic Transformation of Epe since 18th Century

Trading whether rudimentary or modern plays vital role in the life of human beings. Incidentally, it makes and unmakes. While enriching some, it makes others miserable most especially at the individual or at privately organized level. Its contributions to development in the developing world since 18th century are numerous. For instance, the location of Epe in the coastal area typically exposed it to some form of commercial activities. Some of these are furniture business, household utensils, improved textiles, and liquor due to contacts with the European Merchants. This was made possible through the slave trade activities. Though prior to the arrival of the British, Epe was a predominantly all rural based environment but blessed with abundant land and water resources. In fact, since the earliest settlers were fishermen most landed properties were grossly under utilized. Most of these properties as revealed were held in trust by the then Oloja of Epe. However, the division witnessed gradual transformation and development as soon as the colonial masters arrived. Apart from the introduction, this paper discusses the features of the division, factors responsible for its transformation and achievements. Finally, the paper is concluded with the problems and prospects of the division.